Analysis for March 25th, 2016
Eurodollar is moving below 1.1200; the market is forming another consolidation channel. We think, today the price may test the above-mentioned level from below again. After that, the pair may continue falling inside the downtrend to reach 1.1085.
EUR USD, “Euro vs US Dollar”
GBP USD, “Great Britain Pound vs US Dollar”Pound is being corrected towards 1.4235. After that, the pair may be fall to reach 1.3960 and then return to 1.4235.
USD CHF, “US Dollar vs Swiss Franc”Franc has reached its local target. We think, today the price may fall towards 0.9730 and then grow to reach 0.9800.
USD JPY, “US Dollar vs Japanese Yen”Yen is growing with the target at 113.57. Possibly, today the price may test 112.50 from above again. Later, in our opinion, the market may move upwards to reach the above-mentioned target.
AUD USD, “Australian Dollar vs US Dollar”Australian Dollar has formed an ascending impulse. We think, today the price may try to return to 0.7586 and then fall to reach 0.7275.
USD RUB, “US Dollar vs Russian Ruble”Being under pressure, Russian Ruble is falling. Possibly, the price may reach the predicted local target at 65. After the target is reached, we’ll be able to define more precise target of this wave.
XAU USD, “Gold vs US Dollar”Gold isn’t trading today due to the Easter holidays. After the market opening on Monday, the price is expected to fall to reach the target is at 1170.
RoboForex Analytical Department
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